Connect with us
UBA ads


If you’re in your 20s & 30s, here are some ideal investments

It struck me that I have peers who are struggling and confused about how and what to invest in while young, in order to ensure financial security at old age. So, I wrote this article…



Nairametrics Financial literacy, invest intelligently, portfolio diversification, treasury bills, Your next of kin, or not?, Investing in uncertain times, Things to accomplish during COVID-19 lockdown

I wrote this for myself as a guide to ensure that I follow the steps below. But then it struck me that I have peers who are also struggling and confused about how and what to invest in while young, in order to ensure financial security at old age.

So I decided to share. Below are some ideal investments to consider when you are in your 20s and 30s.


Invest in Yourself

  1. Reduce watching TV/News: The news doesn’t change — government borrowing, election manipulation, killings, wars, underperforming economy, celebrity gossip, and the list goes on and on. All these do not make me knowledgeable.

When you reduce TV and watching news, you become less anxious and less stressed.

2. Cut down on social media: The average person touches his phone more than 100 times a day, due to addiction to Whatsapp messages, facebook, Twitter, etc. Half of that time would have been better spent reading books, creating art or something productive.

  • Read fiction and non-fiction every day.
  • Reduce alcohol and limit sugar.
  • Eat twice a day.
  • Avoid gossip.
  • Sleep an hour earlier and wake up an hour earlier.

A salary is the first major source of savings and investments, so you must nurture that source properly to help jumpstart you into other avenues for enriching yourself.

GTBank 728 x 90

Whatever career you are in, develop more skills, and take more courses. Some of these courses are offered online at cheap prices. If you are an employee, consider taking a professional certification exam.

Google people at the pinnacle of your field and research what made them get to the top. It could be their negotiation, management, psychological, or impeccable writing skills.

Investing in yourself is the most important decision you will make, as the more skills you have, the more ideas you have to aid creativity, and end up as money making and/or value adding machines.

Two quotes by Ray Dalio have stuck with me:

  1. “Do not let your income rise faster than your productivity, because you’ll eventually become uncompetitive.”
  2. “Do all that you can to raise your productivity, because in the long run, that’s what matters the most.”

To be honest, sometimes I break the rules listed above, but I notice that I have been most productive when I follow these rules.


Exchange Traded Funds (ETFs)

Majority of individual investors will not make money investing in the stock market due to 2 major reasons:

  • Not everyone has the wherewithal and resources to research and analyze the market properly.
  • It is difficult to time the market – knowing the right time to buy or sell.

Why Exchange Traded Funds? An ETF is simply a security that tracks an index and trades like an individual share on an exchange. It is a fund that includes the collection of assets, e.g. stocks, bonds, gold, etc.

Investing in an ETF presents you with the opportunity to buy a selection of assets you may prefer instead of picking those assets individually.

For example, if Mr A has dreams of investing in companies like Google, Exxon Mobil, and Apple, but doesn’t have the money to invest individually in any of these stocks due to the high share prices they command, he can simply buy an S&P 500 ETF that tracks all these companies. If any of these companies don’t perform in a particular period, you still have hundreds of others which can balance out the risk of the total portfolio.

There are several thousands of ETFs globally; some invest according to geographic locations – ETFs that track the biggest companies in USA, China, etc.; ETFs that invest in a mix of stocks and bonds; ETFs that invest in gold, etc.

Two major advantages which ETFs offer are: an opportunity to diversify your portfolio and low costs of investing.


Most experienced investors recommend that you continually invest a small amount of money consistently over a number of years.

You can invest in ETFs available on the Nigerian Stock Exchange, or better still, diversify your portfolio by investing outside the shores. I have previously written on how to make money investing in foreign stock markets.

Treasury Bills

Treasury Bills are very important and necessary investments for every type of investor, and there is no better time to cultivate the habit of buying Treasury Bills regularly than when you are in your 20s and 30s.

Treasury Bills are short-term government guaranteed debt instruments issued by CBN on their behalf to finance expenditure and also control money supply. There are 3 tenors:  91 days, 182 days and 364 days.

We all have bills to pay (professional exams coming up in a few months, children’s school fees, weddings, vacations, etc.) and you can invest the present cash you have in Tbills, depending on the period when you will need the money.

There is a concept in finance called Asset and Liability Matching (ALM), which basically involves buying an asset (in this case Treasury Bills) in order to be able pay off a future liability (what you need your money for in the future).

Some advantages of Treasury Bills are:

They offer decent interest rates, so you get to make money.

They are risk-free, which means your principal is guaranteed, as it is backed by the full faith and credit of the Federal Government.

Growth stocks & dividend stocks

Being in your 20s and 30s is an opportunity to make risky bets, because if you lose your money at this stage you still have time to recover. Investing in stocks offers a good avenue to put part of your money into a high risk-high reward venture.

Growth stocks are simply stocks that are expected to grow at significantly higher rates than the industry average. These stocks generate more sustainable positive cash flows and revenues than their peers.

I wrote this article on how to spot growth stocks in the Nigerian stock market.  

Dividend stocks, on the other hand, are usually stocks of companies that are financially stable and mature, which means the share prices are less volatile than growth stocks.

Dividend stocks should be included in your portfolio at a young age as they provide opportunities to earn income (no matter how little) consistently over a long period of time, provided the companies keep performing well.


If you have the talent and passion for something, you can start now. It doesn’t mean you have to quit your job immediately; you can maintain your day job while you work gradually on your business idea.

The thing about starting a business is that the rewards are huge; if successful, you get to reap huge financial rewards whilst having the freedom and control over your own time.

You have nothing to lose starting a business at this age:

  • The business performs well and you make money
  • The business fails and you gain lessons on what to avoid in your next venture.

I wish you all the best in your investing endeavours.



  1. Hope

    April 4, 2019 at 11:50 am

    Tnx for the information. But how can one go into treasury bills and ETFs investment when one has no idea about it.

    • Alfred Akuki

      April 5, 2019 at 9:44 am

      Hi Hope, surf through, there are tons to resources to understand these securities.

  2. Cathy

    April 5, 2019 at 7:47 am

    I noticed you didn’t mention mutual funds. I more profitable to choose Tbills over mutual funds?

    • Ofoka chinonso

      April 6, 2019 at 8:34 pm

      Mutual funds are almost like ETFs… Mutual funds share same advantage just like ETFs.

      • James

        April 28, 2019 at 1:50 pm

        Comment:thanks for the information but please can you enlighten me on mutual funds as somebody just raised

    • Okey

      April 8, 2019 at 11:08 am

      TBills are more profitable than Mutual funds. He mentioned mutual funds as ETF

  3. Kayode Tijjani

    April 5, 2019 at 11:30 pm

    Thanks for the info but how can one go into treasury bills and ETFs investment when one has no idea about it and how do you engage in such investment through web

  4. Anonymous

    April 6, 2019 at 9:37 am

    I have the passion and talent for major problem is fear to start.

    • Alfred Akuki

      April 8, 2019 at 9:03 am

      Hi, I understand your fears but not taking a risk in itself is risky.

  5. Mee

    April 6, 2019 at 11:00 am

    Thanks for this opportunity….

  6. Ezekiel Okpala

    April 6, 2019 at 2:39 pm

    This is loaded with vital information! Many thanks for sharing 🙂

  7. Anonymous

    April 6, 2019 at 9:29 pm

    Thank sir

  8. Akinniran Alaba

    April 7, 2019 at 11:08 am

    Nice one

  9. Juma Yahaya

    April 7, 2019 at 2:30 pm

    This information is very important not only for the 20s and 30s but to all. Retirees who have money can also benefit from the ideas.

  10. Babalola timothy

    April 8, 2019 at 1:29 pm

    ETFs are they also known ‘mutual share index’ e.g S&P 500 like in the U.S?

  11. Tobe Ejiofor

    April 8, 2019 at 9:47 pm

    Thanks for this 👍🏾

  12. Ariyo

    April 9, 2019 at 9:00 am

    Thanks so much for this, have always had interest in Treasury Bill, how much is the least amount one can invest it?

  13. Seun Ayetigbo

    April 10, 2019 at 7:04 am

    Thanks for the write up. What about the FGN savings bonds?

  14. Shogbesan Tosin

    July 25, 2019 at 2:56 pm

    I appreciate the piece, but hw abt bit by bit investments in long term insurance policies, that you can fall back on at old age?
    But before you do that you have to look for insurance companies that are doing very well. investment here are relatively less risky or low risk.
    But the protection on the policies, if it is life policies, would be of great benefit for you at old age or for your beneficiaries if the inevitable in life happens. One insurance doing very well is Custodian Life Assurance Ltd a subsidiary of Custodian Investment Plc.

  15. Godfrey Andrew

    July 25, 2019 at 4:36 pm

    Nice one, highly educative

  16. Princess

    September 18, 2019 at 2:27 pm

    Really nice, but how much can one start with and how much should the person be expecting in return?

  17. Rasaq Adio

    September 18, 2019 at 2:36 pm

    Thanks for the information. However, all the highlighted process are mainly Slowlane methods of trading youthful age for old age and that’s what is referred to as SCRIPTED Operating System. I will only encourage being an entrepreneur.

    Instead of encouraging trading today for tomorrow; why can’t we encourage being an entrepreneur?

    What’s Slowlane? Only if you care to know!

    The Slowlane is the presumption that decades of gainful employment circumscribed by thrifty living, tortuous saving, and regimented stock market investing will somehow make you a happy millionaire. The financial priesthood and the mainstream mouthpieces have made it clear: if you want a secure retirement and a millionaire portfolio by sixty-five, sacrifice now and put those sacrifices into the stock market.

    Thank you

  18. Anonymous

    September 18, 2019 at 3:47 pm

    I invested in shares of DAAR and transcorp in my twenties yet to see change after 20yrs

  19. Jeremiah Omueti

    March 3, 2020 at 1:50 pm

    The contents in this post are astounding. Besides being a great read, the lessons here are tremendously valuable.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Official: Nigerian Treasury bills calendar for Q3 2020

Official: Nigerian Treasury bills calendar for June – August 2020



Treasury, bills, calendar, Central Bank

The Central Bank of Nigeria (CBN) Published its Treasury Bills program for June to August 2020, indicating that it plans to raise about ₦821.8 billion in cash.

Check out: CBN says commercial banks can invest in Treasury Bills for now(Opens in a new browser tab)

The Central Bank sells treasury bills on a bi-weekly basis to investors and is one of the safest investments available. Interests are paid upfront and the principal paid in full upon maturity.


Learn to invest in treasury bills here

3rd quarter of 2020

GTBank 728 x 90

READ ALSO: Manufacturing PMI slide into recession territory

2nd quarter of 2020

READ ALSO: $14 billion Dangote Refinery: uncertainty surrounds take-off

1st quarter of 2020



READ MORE: UPDATED: Nigeria received $5.85 billion capital inflows in Q1 2020 –NBS

4th quarter of 2019

Treasury bills calendar, Treasury, bills, calendar, CBN

Calculate Treasury Bill

Continue Reading

Business News

Precious metals slump, investors focus on Central Bank’s intervention

Gold fell on Friday morning to $1,717.10. as global investors await the release of Friday’s U.S non-farm payrolls data for May



Nigeria Mining Sector shows growth prospect despite low bank credit provision, Gold hits eight-year high as global recession sentiments strengthened, Gold hits three weeks high, Investors rush to gold, Gold Future Drops to $1727.80 as Tensions Escalate between America and China, Precious metals slump, investors focus on Central Bank’s intervention

Spot gold went slightly lower, trading at $1,711.57 per ounce by 4 am local time on Friday morning and gold futures was down to $1,717.10.

Gold collapsed like a house of cards as investors overlooked civil unrest in the United States and heavily focused on hopes around central bank intervention and economic recovery,” said Lukman Otunuga, senior research analyst at FXTM.


READ MORE: Why the NNPC wants $5 billion advance payments for Nigeria’s crude

Gold fall on Friday morning also came as global investors await the release of Friday’s U.S (United States.) non-farm payrolls data for May, scheduled to be released at 1.30 pm Nigerian local time.

“There are quite a few market participants still bargain-hunting gold given the fundamental backdrop of the coronavirus crisis and ongoing recession,” Julius Baer analyst Carsten Menke said.

GTBank 728 x 90

(READ MORE: Gold prices surge by 17.4% in 2 months due to global economic crisis)

However, investors are still waiting to see whether the easing of restrictions will lead to a second wave of infections, supporting demand for gold, Menke added.

Gold, Gold prices tick up as President Trump decides on China today, Gold Prices Surges, Protests Erupts In America, Precious metals slump, investors focus on Central Bank’s intervention

What you need to know about Precious metals: Precious metals include gold, silver, and platinum. Gold and silver are the most popular metals, and have been used by jewelers, and as wealth status symbols since ancient times. Global investors use precious metals to hedge against inflation.

READ ALSO: Global oil market to re-balance in 2 months’ time


Meanwhile, palladium gained 0.34% to $1,947 an ounce, while platinum lost 0.31% to $833.91. Silver was down 0.63% to $17.9 4am local time, having hit a more than three-month high of $18.36 on Monday. 


“Some people are buying silver just because it’s much cheaper than gold (or) platinum,” a trader from Tokyo-based retailer Tokuriki Honten said.


Continue Reading

Billionaire Watch

The rich get richer in May

The gradual easing of the lockdown, which started on May 1, appears to have brought some relief to these men, giving them room to recover some of the earlier losses.  



Nigerian billionaires lose billions amid COVID-19 pandemic

The news of the lockdown hit raw nerves across all sectors in Nigeria. One thing that was obvious from the onset was that everyone was going to be hit somehow, but what no one could say for sure, was how.

Nairametrics had earlier examined the first 12 weeks of COVID-19 in Nigeria, and found that Nigeria’s billionaires lost billions between February and April. However, the gradual easing of the lockdown which started on May 1, appears to have brought some relief to these men, giving them room to recover some of the earlier losses.


Jim Ovia
Zenith bank founder Jim Ovia is the largest individual shareholder with 3,546,199,395 direct shares and 1,513,137,010 indirect shares.

Zenith bank closed April at N14.3, putting the value of Ovia’s total 5,059,336,405 shares at N72,348,510,591.5 (N72.35 billion).

During the month of May, the share appreciated by 18.2%, and was worth N16.9 at the end of trading on May 29.

GTBank 728 x 90

With this, the worth of Ovia’s 5,059,336,405 shares increased by N13.15 billion to N85,502,785,244.50.

The volatility of the shares in the previous quarter had seen the billionaire lose about N21.2 billion, but May 2020 sure gave him a chance to recover some of this.

READ ALSO: Forbes 2020 world’s richest rankings: Only 4 Nigerians make exclusive billionaires list

Herbert Wigwe
Group MD/CEO of Access Bank, Herbert Wigwe, has 201,231,713 direct shares and 1,184,680,195.5 indirect shares with the bank, totalling to 1.39 billion shares.

At N6.60 per unit, the total shares were worth N9.15 billion (N9,147,018,596.1) on April 30.


Access bank stocks moved upwards to N7.1, bringing the worth of the stocks to N9.84 billion (N9,839,974,550.35).


Wigwe’s stock value gained N692.96 million, a mild compensation for losing N2.22 billion in the first 12 weeks of COVID-19 presence in Nigeria.

READ MORE: Herbert Wigwe sells 28.8 million Access Bank shares

Aliko Dangote
Dangote Cement shares were worth N130 at the end of April, having had a rough first quarter. However, the price improved over the next four weeks and ended May 29 at N139 per unit.

Aliko Dangote directly owns 14,500,315,501 shares in Dangote Cement Plc, as well as 27,642,637 shares which he controls through Dangote Industries Limited.

All 14,527,958,138 shares were worth N1.88 trillion (N1,888,634,557,940) on April 30, and the value increased to N2 trillion (N2,019,386,181,182) by May 29, an increase of N130 billion (N130,751,623,242).


A similar trend is also seen in Dangote Sugar where share price increased from N12.45 on April 30 to N12.90 at the close of trading on May 29.

The billionaire directly owns 653,095,014 shares and indirectly owns 8,122,446,281 shares through the Dangote Industries Limited in Dangote Sugar, summing up to 8.77 billion shares.

All shares were worth N109 billion (N109,255,489,123) on April 30, and appreciated through the month of May to close at N113 billion on May 29.

From the increase in the market share price of Dangote Sugar, Aliko Dangote became N3.9 billion (N3,948,993,583) richer.

Summing up the gains in Dangote Cement and Dangote Sugar, we can see that the billionaire added another N134.7 billion (N134,700,616,825) to his worth.

This article does not include calculations for NASCON. Aliko Dangote is not listed on the board, hence, there is no way to confirm the exact amount of stocks he owns in the company.

However, NASCON allied shares were worth N10.05 on April 30 and made a 10.4% increase to N11.10 by May 29.

READ MORE: Dangote: The King cement maker moving against all odds

Tony Elumelu
The popular TOE, as he is called, controls a total of 2,304,211,118 units of shares – 190,100,234 direct and 2,114,110,884 indirect shares.

UBA’s shares tried to regain losses from earlier months, and moved from N6.05 on April 30 to N6.65 on May 29.

The total worth of Elumelu’s 2.3 billion shares appreciated from N13,940,477,263 on April 30 to N15,323,003,934 on May 29, giving the billionaire an additional N1.38 billion (N1,382,526,670.8).

Compared to the N1.49 billion lost in the preceding 12 weeks, Elumelu clearly recovered most of the earlier losses.

Abdulsamad Rabiu
The merger of CCNN and Obu cement gave birth to BUA cement. The 2019 financials from the company shows that Rabiu owns 19 billion (19,044,995,225) direct shares.

He also has indirect shareholdings through 3 companies, totalling to 12.2 billion (12,225,657,346) units.

BUA cement stocks ended April 30 at N32.60 and appreciated by 28% to N42 per unit at the close of trading on May 29.

By April 30, Rabiu’s 31.27 billion shares (direct and indirect) were worth N1.01 trillion (N1,019,423,273,814.60) at N32.6 per unit, and by the end of trading on May 29, the market value of the same shares had risen to N1.31 trillion (N 1,313,367,407,982.00).

The billionaire’s worth added N293.94 billion (N 293,944,134,167.40) representing a 28% gain, and making him the highest billionaire gainer in the period under review.

Mike Adenuga
As Chairman of Conoil Nigeria Plc, Mike Adenuga directly controls 516,298,603 units of shares, as well as 103,259,720 units of shares controlled through Conpetro Limited, making for about 74.4% of Conoil’s issued share capital.

Conoil’s stock prices closed at N17.4 on April 30, putting the value of Adenuga’s indirect shares at N1.79 billion (N1,796,719,128), and his direct shares at N8.9 billion (N8,983,595,692.2), totalling to N10.78 billion.

Conoil gained 20.7% in May, and ended at N21 per unit share at the end of trading on May 29.

With this, the total shares were worth N13 billion; direct – N10,842,270,663 and indirect – N 2,168,454,120.

After losing N371 million in the preceding 12 weeks, it must have been refreshing to gain some N2.23 billion in four weeks.

Austin Avuru
However, the month of May was not profitable for the co-founder of Seplat, Austin Avuru, who indirectly owns about 58,970,463 indirect shares in the oil and gas company.

A stock price of N494.4 as at April 30 showed that these stocks were worth N29.15 billion (N29,154,996,907.2).

At the share price of N476.4 on May 29, Austin Avuru’s shares were worth N28,093,528,573.20.

He lost another N1.06 billion, after an earlier loss of N6.5 billion between February to April.

In all, Seplat stocks have fallen some 28% from January till May 29. Sad loss for Avuru.

Gain (N’billions)
% gains
Aliko Dangote
Tony Elumelu
Jim Ovia
Herbert Wigwe
Austin Avuru
Mike Adenuga
Abdulsamad Rabiu
Note: The stock figures, and prices used in the analysis above was sourced from the Nigerian Stock Exchange (NSE) website.

Continue Reading